16609 N 40th DrPhoenixAZ85053
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Phoenix at 16609 N 40th Dr, Phoenix, AZ, 85053 earns from $3,168/mo rent with a $2,937/mo payment. Total monthly income totals $3,168/mo. ROI tracks 17.76% on current figures, and rental yield reads 6.34% at a $600,000 purchase. Equity gained on principal adds $3,872/yr, and 5% annual appreciation supports $165,769 over five years. Five-year ROI reaches 90.89% and total cumulative return in cash sums $179,412. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,168/mo property income instead of your personal income.
Single Family
Built in 2003
8,718 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85053, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,803 (100%) |
| Owner Occupied HU | 7,267 (61.6%) |
| Renter Occupied HU | 4,140 (35.1%) |
| Vacant Housing Units | 396 ( 3.4%) |
| Median Home Value | $393,135 |
| Average Home Value | $427,438 |
Housing Distribution
Address Breakdown
Residential
11,607
Single Family
8,085
Multi-Family
3,522
Businesses
501
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
